Report of the Joint Committee on Internal Revenue Taxation, Volumes 1-3U.S. Government Printing Office, 1928 - Taxation |
From inside the book
Results 1-5 of 15
Page 15
... distraint if he does not appeal , and he is subject to jeopardy assessments . The constitutionality of the section has been questioned and a dis- trict court in Kentucky has held it unconstitutional . ( Owensboro Ditcher & Grader Co. v ...
... distraint if he does not appeal , and he is subject to jeopardy assessments . The constitutionality of the section has been questioned and a dis- trict court in Kentucky has held it unconstitutional . ( Owensboro Ditcher & Grader Co. v ...
Page 66
... distraint , or by proceedings under Revised Statutes 3207 ( sec . 1127 of the 1926 Act ) . The two methods last named are slow and harsh . Where there is reason to believe that , but for the lien , the taxpayer could raise money to 66 ...
... distraint , or by proceedings under Revised Statutes 3207 ( sec . 1127 of the 1926 Act ) . The two methods last named are slow and harsh . Where there is reason to believe that , but for the lien , the taxpayer could raise money to 66 ...
Page 67
... distraint and he is subject to jeopardy assessments . There have been numerous com- plaints about the operation of the section on the ground that it de- prives transferees of important rights and advantages and that it is an ...
... distraint and he is subject to jeopardy assessments . There have been numerous com- plaints about the operation of the section on the ground that it de- prives transferees of important rights and advantages and that it is an ...
Page 69
... distraint or 60 - day letter without an opportunity to show that the transfer was made under circumstances such as not to make him liable for the tax and he had no opportunity to show that the tax was not due him from his transferor ...
... distraint or 60 - day letter without an opportunity to show that the transfer was made under circumstances such as not to make him liable for the tax and he had no opportunity to show that the tax was not due him from his transferor ...
Page 71
... distraint or proceeding in court had expired . The rule should be applied regardless of the manner of collection and whether payment was under duress or threat , on demand or voluntary . An exception to the above general rule should be ...
... distraint or proceeding in court had expired . The rule should be applied regardless of the manner of collection and whether payment was under duress or threat , on demand or voluntary . An exception to the above general rule should be ...
Other editions - View all
Common terms and phrases
additional tax administration affiliated allowed amortization Amount involved approval arising assets attorney audit basis beneficiary Board of Tax Bureau of Internal capital gains capital net gain centum claims closed collection Commissioner computed consolidated return counsel counsel's office court December 31 decision deduction determined distraint distributed dividends division dollars earned income estate tax excess-profits taxes exemption fiduciary filed fiscal gain or loss Government gross income included Income Tax Unit individual installment interest Internal Revenue internal-revenue inventories invested capital issues June 30 law and fact method nonresident alien normal tax offers in compromise overassessment paid partnership payment pending period petitions prior profits provided in section provisions questions received recommended refund result Revenue Act revenue agents section 280 section are mainly statute statute of limitations surtax Tax Appeals tax imposed tax liability taxable taxation taxpayer tion Total transfer United States attorney